Axeda

company

About

Axeda provides cloud-based software for connected products and machine-to-machine applications.

  • 51 - 100

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$12M
Industries
Enterprise Software,Internet of Things,SaaS,Software
Founded date
Jan 1, 2000
Number Of Employee
51 - 100
Operating Status
Active

Axeda Corporation provides remote monitoring and management software and services to manufacturing companies, service providers, and enterprises. The company offers Axeda ServiceLink, an enterprise software system that enables product manufacturers to provide remote service to their customers; and Axeda On-Demand, the software-as-a-service version of Axeda ServiceLink that enables to outsource the IT management responsibilities of remote service implementation. Its software is used in various applications, including diagnosis and repair, remote access, and proactive problem detection, as well as case and patch management, preventive maintenance, and usage monitoring. The company also provides consulting and implementation, customer support, education, and hosting services. It serves homeland security, medical, life sciences, information technology, telecommunications, print and imaging, kiosks, industrial, semiconductor, and building automation markets.

The company was founded in 2000 and is headquartered in Foxboro, Massachusetts. Axeda Corporation is a former subsidiary of ITA Holdings, Inc.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$12M
Axeda has raised a total of $12M in funding over 2 rounds. Their latest funding was raised on Aug 20, 2013 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 20, 2013 Private Equity(PE) $12M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Axeda is funded by 1 investors. Wipro Technologies are the most recent investors.
Investor Name Lead Investor Funding Round
Wipro Technologies Private Equity(PE)